Listing Details for MLS #A4614353
5116 Admiral Place, Sarasota, Fl

Residential Property - Single Family Residence in Sarasota

Listing Price: $1,425,000 (Mortgage Calculator →)Days on Market: 151

Description of Property

Discover Your Dream Waterfront Escape! A rare opportunity awaits in this well established, highly sought after neighborhood. Ideally located, this waterfront home with private dock, is built on a Philippi Creek peninsula just minutes from Siesta Key. Boating, fishing, kayaking or relaxing on any of our world-renowned beaches, is waterfront living at its finest. High and Dry! With 11 feet elevation, the interior of this waterfront home has yet to be breached in 44 years. Hurricanes Debby, Helene, and Milton did their level best, but not a single drop of water entered the home. Custom-built gem, is brimming with one-of-a-kind touches at every turn. Extensively renovated, both interior and exterior, offering what is essentially a new home. There are 4 spacious bedrooms and a centrally located laundry room. In the primary, you’re greeted by a wall of sun-drenched windows overlooking the tranquil waterfront of a nature-filled cove. Featuring an artisan bathroom that’s reminiscent of a storied Brooklyn boutique hotel. The renovations include a cast iron full body soaking tub with a generous walk-in shower encased in extra pure glass. Kohler oversized brushed gold rainhead and multiple jets helps release the tension of the day. A walk-in closet with exquisitely carved, sliding doors from an 1890 estate in Chicago. The flooring is honed white limestone and encaustic tiles. French doors open to the back deck—perfect for your morning coffee or evening drink! Sizable second corner bedroom lets in morning sun with windows on both sides of the room. With a private entrance and front deck access. A third cozy guest room shares a spacious bathroom, with dual vanity, Japanese bidet, Kohler oversized rainhead and multiple jets, ensuring comfort for your visitors. An inviting office, den or 4th bedroom (with its own entrance), includes a queen-size Murphy bed custom built by local Amish craftsmen. Open living area has 18’ vaulted ceilings, exposed cedar beams and slats, and a bespoke lighting installation, which centers around an elevated gas fireplace with raised hearth surround, ideal for entertaining. However, it’s the stunning water views that take center stage throughout. The architect oriented the home on the property to ensure unobstructed views could be had from many windows. Chefs dream of a kitchen with dual wall ovens, Viking 4 burner with grill top, pot filler, wine cooler, marble countertops, bespoke Rohl Italian unlacquered brass facet, antique cabinet pulls from an estate in London, and custom brass inlaid solid wood maple cabinets. The flooring is honed white marble with a matching vaulted ceiling in keeping with the living room. The chef won’t feel left out of the party. They take center stage as the kitchen was designed to rise slightly above the living room, proving a commanding view of your guests and the expansive waterfront. Passing through to the screened in lanai, you’ll be enveloped by the stunning water views of the tranquil cove. For you dog lovers, the yard is fenced with puppy pickets on the lower section. There are large embedded doggie doors in the living room and lanai proving easy access to the yard. Private boat dock has both water and power for you fisherman. Beach lovers, there is an outdoor shower to wash off the white Siesta Key sand. Truly a boater's paradise! The canal grants you quick and easy access to Siesta Key, Sarasota Bay and the Gulf of Mexico from your own private dock. Make this oasis yours!The average asking price for a 4 bedroom/2 bath single family residence in this Zip code is $898,364. This single family residence is listed at about 159% of the average asking price. There are 2 4 bedroom/2 bath homes between $1,200,000 and $1,600,000 currently listed for sale in this Zip code. See other listings like this one »